AT&T (T) said Monday it is on track to meet all of its financial and operational guidance goals for 2025 and beyond.
The company's multi-year strategic plan should generate more than $50 billion of financial capacity over the next three years, largely through organic growth, but also from free cash flow, cash proceeds from the upcoming sale of AT&T's stake in DirecTV and net borrowing capacity, the company said.
AT&T also expects to return over $40 billion to shareholders through 2027, with plans to distribute around $20 billion to investors by maintaining its annualized dividend at $1.11 per common share.
It also plans to pay out the remaining $20 billion through stock buybacks, including $10 billion of share repurchases under its current authorization expiring in 2026 and another $10 billion for 2027.
The company also plans roughly $10 billion for strategic investments, debt repayment, additional dividends or share repurchases.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.